Colorado To Receive $5.5 Million In EpiPen Settlement

DENVER (CBS4)– Colorado will get more than $5 million from the makers of EpiPen. The drug company Mylan has been accused of charging the government an outrageous price for the potentially life-saving drug.

The federal government says the company was misinformed when it classified EpiPens as a generic medication to avoid having to pay rebates to Medicaid.

gettyimages 594875728 Colorado To Receive $5.5 Million In EpiPen Settlement

EpiPen (credit: Joe Raedle/Getty Images)

In August, Mylan agreed to pay a $465 million settlement, of which Colorado will receive $5.5 million. The money will be used for Colorado’s Medicaid program.

canada drugs 10pkg Colorado To Receive $5.5 Million In EpiPen Settlement

(credit: CBS)

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